Ranks

For the second consecutive quarter three of the top five natural gas marketers reported sales volume declines compared with the year-ago period, and 24 leading companies had total sales transactions of 127.06 Bcf/d in 3Q2011, an 8.54 Bcf/d (6%) decrease from the 135.60 Bcf/d they transacted in 3Q2010, according to NGI’s 3Q2011 Top North American Gas Marketers Ranking.

For the second consecutive quarter three of the top five natural gas marketers reported sales volume declines compared with the year-ago period, and 24 leading companies had total sales transactions of 127.06 Bcf/d in 3Q2011, an 8.54 Bcf/d (6%) decrease from the 135.60 Bcf/d they transacted in 3Q2010, according to NGI’s 3Q2011 Top North American Gas Marketers Ranking.

Rex Energy Corp. is joining the ranks of companies pursuing the Utica Shale of eastern Ohio. The State College, PA-based company recently acquired 11,000 net acres in Carroll County, OH, for an estimated $40 million and plans to continue acquiring acreage in preparation for a drilling program in 2012.

The Horn River Basin of British Columbia (BC) holds an “ultimate potential” of marketable unconventional natural gas shale of 78 Tcf, which “ranks among the most prospective shale gas basins in North America,” according to a government energy market assessment.

The Horn River Basin of British Columbia (BC) holds an “ultimate potential” of marketable unconventional natural gas shale of 78 Tcf, which “ranks among the most prospective shale gas basins in North America,” according to a new government energy market assessment.

A senior producer has broken ranks with its peers to oppose any immediate toll increase on the principal natural gas pipeline from western Canada to the central provinces and export crossings into the MidWestern and Northeastern United States.

Four major competitors of BP plc broke ranks with the embattled oil giant last Tuesday — telling a House subcommittee that they would have drilled differently the deepwater well that has been spewing oil in the Gulf of Mexico (GOM) for nearly two months.

The four major competitors of BP plc broke ranks Tuesday — telling a House subcommittee that they would have drilled differently the deepwater well that has been spewing oil in the Gulf of Mexico (GOM) for nearly two months.

Another project proposal has joined the ranks of those who seek to carry natural gas liquids (NGL) from the Marcellus Shale to more lucrative markets as well as unlock the productive capacity of Marcellus rich gas. Unlike other projects on the board, this one has a marine component.